Nuveen Municipal Income ETF (NYSEARCA:NUMI) Short Interest Up 102.2% in April

Nuveen Municipal Income ETF (NYSEARCA:NUMI) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 30,623 shares, an increase of 102.2% from the April 15th total of 15,143 shares. Based on an average daily volume of 3,721 shares, the short-interest ratio is presently 8.2 days. Currently, 1.0% of the company’s stock are short sold.

Nuveen Municipal Income ETF Stock Performance

NUMI traded down $0.15 during trading on Friday, hitting $24.93. 8,574 shares of the company’s stock traded hands, compared to its average volume of 4,199. The company’s 50 day simple moving average is $25.08 and its two-hundred day simple moving average is $25.17. Nuveen Municipal Income ETF has a 12-month low of $24.01 and a 12-month high of $25.66.

About Nuveen Municipal Income ETF

The Nuveen Municipal Income ETF (NUMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds of any credit quality. The fund maintains an overall weighted average maturity of greater than 10 years. NUMI was launched on Jan 22, 2025 and is issued by Nuveen.